Rulings
SC: Arbitration award can’t convert secured creditor into unsecured; Company Law primacy upheld
HC: Approves Ranbaxy-Sun Pharma merger, rejects income tax/public interest objections of OL
CLB: Director’s leave of absence ‘implied’ in closely held cos.; Cites mutual trust
HC: Sec. 391-394 ‘complete code’, overrides new Company Law’s Sec. 180; Regional Director objections dismissed
HC: Companies Act prevails over State tenancy Legislature vis-a-vis eviction from immovable property
HC: Commercial solvency no bar for winding-up petition admission where debt acknowledged
HC: Permits raising of contractual issues in Sec. 397/398 petition, as ‘valuable’ assets involved
CLB: Directs transfer of pledged shares, rejects ‘Shylockian attitude’ & ‘forum shopping’ pleas
CLB: Proceedings at CLB ‘summary’ in nature; Can’t decide disputed share transfer petition
CLB: Dismisses ‘hopelessly time barred’ petition for members register rectification; Limitation Act applicable
Pages
